Halliburton Historical Income Statement
HAL Stock | USD 31.87 0.69 2.21% |
Historical analysis of Halliburton income statement accounts such as Total Revenue of 16.6 B or Gross Profit of 24.2 B can show how well Halliburton performed in making a profits. Evaluating Halliburton income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Halliburton's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Halliburton latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Halliburton is a good buy for the upcoming year.
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About Halliburton Income Statement Analysis
Halliburton Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Halliburton shareholders. The income statement also shows Halliburton investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Halliburton Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Halliburton generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Halliburton minus its cost of goods sold. It is profit before Halliburton operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Halliburton. It is also known as Halliburton overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Halliburton income statement and represents the costs associated with goods and services Halliburton provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Halliburton's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Halliburton current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.At this time, Halliburton's Net Income Applicable To Common Shares is quite stable compared to the past year. Net Income From Continuing Ops is expected to rise to about 2.8 B this year, although the value of Interest Expense will most likely fall to about 211.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.0B | 3.3B | 23.0B | 24.2B | Total Revenue | 15.3B | 20.3B | 23.0B | 16.6B |
Halliburton income statement Correlations
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Halliburton Account Relationship Matchups
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Halliburton income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.6B | 1.1B | 904M | 940M | 998M | 889.1M | |
Interest Expense | 569M | 505M | 469M | 375M | 395M | 211.3M | |
Total Revenue | 22.4B | 14.4B | 15.3B | 20.3B | 23.0B | 16.6B | |
Gross Profit | 2.3B | 1.5B | 2.0B | 3.3B | 23.0B | 24.2B | |
Other Operating Expenses | 20.4B | 13.1B | 13.5B | 3.1B | 18.9B | 14.4B | |
Operating Income | (553M) | 1.4B | 1.8B | 2.7B | 4.1B | 4.3B | |
Ebit | (553M) | (2.7B) | 1.8B | 2.6B | 4.1B | 4.3B | |
Ebitda | 1.1B | (1.6B) | 2.7B | 3.5B | 4.1B | 2.1B | |
Cost Of Revenue | 20.1B | 12.9B | 13.3B | 17.0B | 18.6B | 14.6B | |
Total Operating Expenses | 227M | 182M | 263M | (3.1B) | (18.9B) | (18.0B) | |
Income Before Tax | (1.1B) | (3.2B) | 1.3B | 2.1B | 3.4B | 3.5B | |
Total Other Income Expense Net | (569M) | (784M) | (548M) | (597M) | (720M) | (684M) | |
Net Income | (1.1B) | (2.9B) | 1.5B | 1.6B | 2.6B | 2.8B | |
Income Tax Expense | 7M | (278M) | (216M) | 515M | (701M) | (666.0M) | |
Research Development | 404M | 309M | 321M | 345M | 408M | 382.7M | |
Net Income Applicable To Common Shares | (1.1B) | (2.9B) | 1.5B | 1.6B | 1.4B | 1.5B | |
Minority Interest | 2M | (3M) | (11M) | (23M) | (27M) | (25.7M) | |
Net Income From Continuing Ops | (1.1B) | (2.9B) | 1.5B | 1.6B | 2.7B | 2.8B | |
Non Operating Income Net Other | (105M) | (111M) | (79M) | (222M) | (199.8M) | (189.8M) | |
Non Recurring | 2.5B | 3.8B | 12M | 366M | 329.4M | 312.9M | |
Tax Provision | 7M | (278M) | (216M) | 515M | 710M | 745.5M | |
Interest Income | 569M | 505M | 469M | 375M | 81M | 77.0M | |
Net Interest Income | (569M) | (505M) | (469M) | (375M) | (338M) | (354.9M) | |
Reconciled Depreciation | 1.6B | 1.1B | 904M | 940M | 978M | 990.5M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Halliburton. If investors know Halliburton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Halliburton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Dividend Share 0.67 | Earnings Share 2.86 | Revenue Per Share 26.012 | Quarterly Revenue Growth (0.02) |
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Halliburton's market value can be influenced by many factors that don't directly affect Halliburton's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Halliburton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.